MASCO CORP (MAS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MAS - US5745991068 - Common Stock
We assign a technical rating of 2 out of 10 to MAS. In the past year, MAS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
MAS has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
58.13
We found 2 important support areas.
- A support zone ranging from 60.41 to 60.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 58.72 to 58.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 64.66 to 65.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.61 from a horizontal line in the daily time frame.
- Resistance @73.35 from a trend line in the weekly time frame.
- Resistance @75.20 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MAS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAS is up. |
| ChartMill Relative Strength | 16.93 | NEGATIVE | MAS has a low relative strength, it was outperformed by 83.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.22 | NEUTRAL | The RSI value for MAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests MAS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests MAS may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MAS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for MAS suggests a possible start of a new trend. |
64.62
+0.35 (+0.54%)
MASCO CORP / MAS FAQ
What is the ChartMill technical rating of MASCO CORP (MAS) stock?
ChartMill assigns a technical rating of 2 / 10 to MAS.
What is the current trend direction of MASCO CORP (MAS) stock?
The current trend direction for MASCO CORP (MAS) is Bearish.
What is the RSI signal for MASCO CORP (MAS) stock?
MASCO CORP (MAS) has an RSI value of 54.2244. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MASCO CORP?
The MACD indicator for MASCO CORP (MAS) has a value of 0.708271, indicating a bearish trend.
What is the support and resistance level for MAS stock?
MASCO CORP (MAS) has a support level at 60.42 and a resistance level at 64.66. Check the full technical report for our detailed analysis of MAS support and resistance levels.